5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. Successful investors pay a lot of attention to dividend yields from Canadian dividend stocks. Dividends can… Read More

IMO hikes its dividend

IMPERIAL OIL LTD. $36.20 (Toronto symbol IMO; Shares outstanding: 772.6 million; Market cap: $27.7 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural Resources. U.S.-based ExxonMobil (New York symbol XOM) owns 69.6% of Imperial.
Imperial’s… Read More

Imperial restarts oil by rail

IMPERIAL OIL LTD. $38.73 (Toronto symbol IMO; Shares outstanding: 777.6 million; Market cap: $29.9 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural Resources.
Late last year, the Alberta government ordered oil producers in the… Read More

Imperial slows down Aspen

IMPERIAL OIL LTD. $36.20 (Toronto symbol IMO; Shares outstanding: 777.6 million; Market cap: $28.2 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) plans to spend $2.6 billion to develop its Aspen oil sands property in Alberta.

The company began work on Aspen in late 2018. However, the… Read More

Imperial delays key project

IMPERIAL OIL LTD. $36 (Toronto symbol IMO; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 792.7 million; Market cap: $28.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Above Average; www.imperialoil.ca) last raised its dividend by 18.8% with the July 2018 payment. The new annual rate of… Read More

Imperial boosts its spending

IMPERIAL OIL LTD. $35.96 (Toronto symbol IMO; Shares outstanding: 792.7 million; Market cap: $27.9 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) produced an average 431,000 barrels a day in the fourth quarter of 2018. That’s up 8.0% from 399,000 a year earlier.
Most of that gain… Read More